DONT SELL LIOC

Valuehunter · 1 DONT SELL LIOC Thu Jul 20, 2017 10:46 am

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Foreigners are collecting LIOC. There would be good news.

predictor · 2 Re: DONT SELL LIOC Fri Jul 21, 2017 7:10 am

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With the new minister of petroleum is there a possibility of pricing formula ? If so this should go beyond 60/-

Ran49 · 3 Re: DONT SELL LIOC Fri Jul 21, 2017 7:52 am

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Yeah this will go to touch 50 - 60 range...

prabath · 4 Re: DONT SELL LIOC Fri Jul 21, 2017 8:05 am

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Norway fund buying

Ran49 · 5 Re: DONT SELL LIOC Fri Jul 21, 2017 8:08 am

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Any proof.... please share...

predictor · 6 Re: DONT SELL LIOC Sun Jul 23, 2017 12:44 pm

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Look at today's Sunday times

http://www.sundaytimes.lk/170723/business-times/much-awaited-fuel-pricing-formula-on-the-cards-251044.html

Ran49 · 7 Re: DONT SELL LIOC Sun Jul 23, 2017 8:12 pm

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LIOC will BOOM in new two months.... AWESOME..

Target would be Rs50.00 -Rs60.00

Teller · 8 Re: DONT SELL LIOC Sun Jul 23, 2017 8:25 pm

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New price formula will be more benifits to consumers as minister said . But no one knows yet how it works. Better to study and take decisions

Ran49 · 9 Re: DONT SELL LIOC Sun Jul 23, 2017 8:37 pm

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Anyway LIOC will go pass 42.00+... If this will success it will pass 55.00 - 60.00 without any issue....

predictor · 10 Re: DONT SELL LIOC Sun Jul 23, 2017 10:33 pm

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Two main reasons for the pricing Formula
1, To ensure that the govt is not going to make losses from Petrol/Diesel. Ensure govt. will have a stable income per ltr.
2. Prices will depend on market forces demand and supply of crude oil. When the prices move up in the world market prices here too will go up. When prices come down here also it will drop.

Oil importer too will have a fixed income/Lt.

In this case LIOC and petrolium will have a stable profit. This is very good for the importer.

LIOC should move up very soon. Should go over 60/- 70/-